A Dream Shared Inc

Analysis

A Dream Shared Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, A Dream Shared Inc reported income of $72k and spending of $77k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $115k to $72k (-37%), an average of -37% a year. The sharpest change came in the year to June 2024, when income dropped by 37%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, A Dream Shared Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Bronx Venture Corp ($72k), Clearfield Revitalization Corporation ($72k) and Bentonville-Bella Vista Chamber of Commerce Foundation Inc ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.8% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.